Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. The close comes soon after the digital bank’s ...
Besides deposit insurance, Varo offers all the security features you’d expect from an established online bank, including encryption, account alerts and Visa $0 fraud liability protection.
Incoming Varo Bank CEO Gavin Michael said he plans to achieve profitability by capitalizing on technology for underwriting ...
Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC will update as changes are made public.
To apply, users must have a Varo bank account with incoming deposits from any source outside of Varo totaling at least $200 in the previous 31 days. The amount in your linked Varo Believe secured ...
Varo Money, a federally chartered digital bank, is raising growth capital. According to a Form D filed with the Securities and Exchange Commission, Varo is seeking $55 million. As of the date of ...